Bessent’s efforts in the Treasury market so far haven’t worked. Here’s what else he can try

Despite Treasury Secretary Scott Bessent’s steadfast assurances on Thursday regarding the robust "toolkit" at his disposal to mitigate burgeoning liquidity concerns within the colossal government debt market, his initial two-pronged…

Treasury Secretary Bessent Expresses Confidence in Deficit Peak as National Debt Surpasses $40 Trillion Amidst Fiscal Consolidation Push

In a significant declaration that has reverberated through financial markets and political circles, Treasury Secretary Scott Bessent asserted on Thursday that there is a "very good chance" the U.S. budget…

Cleveland Federal Reserve President Beth Hammack Calls for Immediate Interest Rate Hike Amid Persistent Inflation Concerns

Cleveland Federal Reserve President Beth Hammack delivered a resolute call for immediate action on interest rates during the central bank’s annual symposium in Jackson Hole, Wyoming, asserting that current inflation…

Crucial July Inflation Report Poised to Offer Federal Reserve Breathing Room Amidst Persistent Price Pressures.

A pivotal inflation report, set for release on Wednesday, August 13, 2026, by the Bureau of Labor Statistics, is anticipated to reveal a modest deceleration in price increases for July,…

United States National Debt Surpasses $40 Trillion Mark Amidst Escalating Fiscal Pressures and Market Volatility

The United States national debt has officially surpassed the staggering benchmark of $40 trillion, according to data released by the Treasury Department, signaling an intensifying fiscal challenge for the nation.…

Fed’s Preferred Inflation Gauge Reveals Persistent Core Price Pressures as Annual Rate Hits 3.7% in July, Fueling Monetary Policy Debate

Prices paid by consumers for a broad spectrum of goods and services registered a discernible increase in July, according to the Federal Reserve’s primary inflation metric, intensifying scrutiny on the…

US Escalates Iran Sanctions, Forcing China’s Banks into Precarious Standoff Ahead of Trump-Xi Summit

BEIJING – The United States has significantly intensified its economic campaign against Iran, threatening to sever any financial institutions, particularly Chinese banks, that facilitate sanctions evasion from the American financial…

Treasury Secretary Scott Bessent’s Bold Bond Market Interventions Face Mounting Skepticism as Fiscal Woes Persist

Treasury Secretary Scott Bessent’s assertive interventions in the U.S. bond market, designed to temper surging yields, have generated a modest immediate decline in rates but are now facing a rapidly…

July 2026 CPI Report Signals Easing Inflation, Prompting Reassessment of Federal Reserve’s September Rate Hike Strategy

The Bureau of Labor Statistics delivered a pivotal economic update on Wednesday, revealing that consumer price index (CPI) readings for July 2026 aligned largely with market expectations. This development immediately…

U.S. Budget Deficit Soars to Five-Year High Amid Escalating Medicare Costs and Mounting Debt Interest, Raising Fiscal Sustainability Concerns

The United States budget deficit reached its highest monthly level in over five years, driven primarily by a significant surge in Medicare expenditures and the persistent weight of interest payments…